![]() It used to be that the world's best tech companies did go public early, allowing normal investors to buy shares of these exciting startups on public exchanges.Īmazon (AMZN) itself went public back in 1997 at a valuation of just $381 million. Why has it been so difficult to invest in the "next Amazon" when the company is still young and the best days of growth are still ahead? Why is it so hard to invest in exciting companies during their earliest stages of growth? In many instances, regular investors get burned when they do buy these hyped stocks. Venture capitalists and private equity groups reaped all those early returns. But their "early days" of exponential growth are behind them.Īnd because these companies stayed private, retail investors never had a chance to invest. They can still potentially be great investments. And Snowflake was founded back in 2012 and is already valued above $60 billion. ![]() It was recently valued at more than $50 billion. And at the right valuation, they would be great long-term investments.Īirbnb, Snowflake, Palantir, and many of the other "hot" stocks being touted in the media are already mature, multibillion-dollar companies.įor instance, Airbnb is 12 years old and was valued at $31 billion during its Series F funding round in 2017.Īs for Palantir? The company is 16 years old. These companies were long overdue to go public. Lesser-known companies like Lemonade (LMND), ZoomInfo (ZI), and JFrog (FROG) also hit the public markets. #Jeff brown the bleeding edge softwareIt ended up being the largest software IPO to date. Snowflake (SNOW), a data management software company, held another highly anticipated IPO. Palantir (PLTR), a bleeding-edge company that uses artificial intelligence ("AI") to extract insight from data, went public at the end of September. Popular companies – especially technology companies – finally made their move after years of being private.Īirbnb (ABNB) – the "Uber of lodging" – finally held its long-awaited IPO in December. ![]() #Jeff brown the bleeding edge codeIn this essay, Brownstone Research founder Jeff Brown shares more details behind tonight's Pre-IPO Code Event.Ģ020 was a big year for high-profile initial public offerings ("IPOs"). Editor's note: Today, we're concluding our guest series as Empire Financial Daily editor Berna Barshay finishes attending the annual ICR Conference in search of investment ideas for our paid newsletters. ![]()
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